7th Circuit successor liability law as extended by Ordonez v. AkoratBy Brian P. Welch and Barry A. ChatzCommercial Banking, Collections, and Bankruptcy, February 2012In Ordonez, et al v. Akorat Metal Fabricators, Inc., et al, the Northern District provided a roadmap of the federal doctrine of successor liability and gives asset-purchasers guidance on how not to plead a Motion for Summary Judgment asserting that successor liability is inapplicable as a matter of law.